Former Starbucks CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, March 22, 2017.Jason Redmond | AFP | Getty ImagesFormer Starbucks CEO Howard Schultz is stepping down from the coffee chain's board, the company said Wednesday."I look forward to supporting this next generation of leaders to...
Hostess Twinkies and CupCakes are displayed on a store shelf on May 17, 2021 in San Anselmo, California.Justin Sullivan | Getty ImagesJelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share.Hostess shareholders will receive $30 in cash and .03002 shares of Smucker's...
Starbucks' iced pumpkin cream chai tea latte.Source: StarbucksIn most of the U.S., tree foliage is green and temperatures are warm. But for many restaurants and retailers, fall is already here.Halloween candy and pumpkin spice lattes used to wait until after Labor Day to make their annual debuts, ushering in...
IHOP's new lineup of biscuit sandwiches.Source: IHOPFor the first time ever, IHOP is making its biscuits menu available nationwide.The Dine Brands chain, best known for its pancakes, has been branching out into different categories, from burritos to savory crepes, after slashing its menu by a third during the early...
In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas.Brandon Bell | Getty ImagesRoark Capital is buying Subway, ending the sandwich chain's more than five decades of family ownership and marking a new era for the...
Starbucks' new fall drink, the iced pumpkin cream chai latte.Source: StarbucksAs Starbucks celebrates the 20th anniversary of its pumpkin spice latte, the coffee chain is adding a third pumpkin drink to its fall menu.Starting Thursday, the iced pumpkin cream chai latte joins the company's existing pumpkin lineup, which also...
A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City.Spencer Platt | Getty ImagesCava on Tuesday posted a profitable quarter for its first earnings report since its initial...